3123 Danville Rd, Memphis, TN 38118
- $150,000
- 4
- BD
- 1.1
- BA
- List Price
- $150,000
- Status
- ACTIVE
- MLS#
- 10228622
- Bedrooms
- 4
- Bathrooms
- 1.1
- Lot Size
- 62X130
Property Description
3123 Danville Rd, Memphis, TN — Turnkey Investment Property, Cash-Flowing Now Ready-to-own investment opportunity in Memphis! This brick, low-maintenance home is currently occupied by a long-term, reliable tenant paying $1,000/month, offering immediate cash flow from day one. Durable brick exterior means less upkeep and lower long-term maintenance costs, while central heat and air adds year-round comfort and tenant appeal. Ideal for buy-and-hold investors looking to add a stable, income-producing asset to their portfolio without any vacancy downtime. Property Highlights: Long-term tenant in place at $1,000/month Brick exterior — low maintenance Central heat and air Immediate rental income for investment buyers Cash or conventional financing only — no seller or creative financing available. Due to the occupied status, no showings will be conducted without an accepted offer. Buyers should submit offers based on provided property details, comps, and exterior/drive-by only.
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Additional Information
- Annual City Tax
- 705
- Annual County Tax
- 734
- Cooling
- Central
- Exterior
- Wrought Iron Security Drs
- Exterior Windows
- Brick Veneer
- Floors Ceilings
- Part Hardwood
- Foundation
- Conventional
- Heating
- Central
- Legal Subdivision
- Winchester Heights 3rd Addn
- Living Dining Kitchen
- Separate Living Room
- Lot Description
- Level
- Lot Size
- 62X130
- Neighborhood Amenities
- None
- New Financing
- Conventional
- Parking Storage
- Driveway/Pad
- Roof
- Composition Shingles
- Stories
- 1
- Style
- Traditional
- Subdivision
- WINCHESTER HEIGHTS 3RD ADD
- Subtype
- Detached Single Family
- Year Built
- 1960
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Listing courtesy of Renshaw Company, REALTORS.
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